UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Grayscale Digital Large Cap Fund LLC

(Exact name of Registrant as Specified in Its Charter)

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(g) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

Anticipated NYSE Arca Listing Date Announcement

On September 18, 2025, Grayscale Investments Sponsors, LLC, the manager (the “Manager”) of Grayscale Digital Large Cap Fund LLC (the “Fund”) announced that the Shares of the Fund were anticipated to begin trading on NYSE Arca Inc. (“NYSE Arca”) on or about September 19, 2025 (“Uplisting Date”), under the trading symbol “GDLC,” subject to the receipt of certain regulatory approvals.

No assurance can be given that the Shares of the Fund will list and trade on the Manager’s anticipated timeline, or at all.

Registrant Name Change Announcement

On September 18, 2025, the Manager of the Fund announced its intention to change the name of the Fund to Grayscale CoinDesk Crypto 5 ETF, effective on or about September 18, 2025, subject to the receipt of certain regulatory approvals. In connection with the name change, the Manager plans to amend the Second Amended and Restated Limited Liability Company Agreement (the “LLC Agreement”), dated as of March 7, 2018, as may be further amended from time to time, to reflect the name change.

Subject to the regulatory approvals described herein, Shares of the Fund are expected to begin trading on NYSE Arca, under the new name, and the trading symbol “GDLC”. Outstanding stock certificates for shares of the Fund are not affected by the name change; they continue to be valid and need not be exchanged.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

* The Registrant is a fund and the identified person signing this report is signing in their capacity as an authorized officer of Grayscale Investments Sponsors, LLC, the Manager of the Registrant.